Rwanda Current Account to GDP 1980-2017 | Data | Chart | Calendar

Rwanda recorded a Current Account deficit of 16.60 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Rwanda averaged -6.48 percent from 1980 until 2016, reaching an all time high of 1.80 percent in 2004 and a record low of -16.60 percent in 2016.

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Rwanda Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Rwanda Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Rwanda Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on October of 2017.